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VAT

Adds or removes value-added tax at a chosen rate.

Interactive inputs coming — use the formula and example below.

Exemple concret

€100 net at 20% VAT is €120 gross.

Comment l'utiliser

  • Use the formula below with your own figures.

La formule

VAT = net × rate; gross = net × (1+rate).

Exemple concret

€100 net at 20% VAT is €120 gross.

Questions fréquentes

Add or remove?

This does both directions.

Which rate?

Use your country's standard or reduced rate.

Conseils

  • Know your marginal vs effective rate.
  • Set money aside as you earn if tax isn't withheld.
  • Keep receipts for anything deductible.

Termes clés

Marginal rate
The rate on your top slice of income.
Effective rate
Your overall average tax rate.
Deduction
An amount subtracted from taxable income.